The Breakdown cover image

The US Economy's Declining GDP Surprise

The Breakdown

00:00

The US Dollar Is Not in Recession

us. G d p declined one point four % last quarter. This is the first contraction since covid in 20 20. But real final sales to domestic purchasers, which is a measure of underlying demand, accelerated at a two point six% annualized rate. That feeds into that narrative i mentioned above.

Play episode from 02:06
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app